HANOI, June 16 Vietnam's benchmark VN Index
was almost unchanged at Monday's break, with Sacombank
outperforming the market on funds' purchase.
"Based on current portfolio structure and the new results,
we expect that V.N.M might purchase 19.8 million shares of STB,"
Saigon Securities Incorp said in a report on Monday, referring
to Market Vectors Vietnam exchange-traded fund.
The fund is under its second-quarter portfolio
restructuring, scheduled to end this week.
Shares in Ho Chi Minh City-based Sacombank rose 2.43 percent
by middat after touching its highest intra-day level since Feb
28 of 21,500 dong ($1.01) each, Reuters data showed.
Here is a snapshot of the VN Index at midday (0431
VN Index 574.42
PREV. CLOSE 574.48
% CHANGE -0.01%
Change (%) 1-mnth 11.786
Change (%) 3-mnth -3.484
Change (%) 1-year 11.53
52-week high 609.46 25-Mar-14
52-week low 462.13 30-Aug-13
(Reporting by Mai Nguyen; Editing by Ho Binh Minh)